BRIDGEMARQ REAL ESTATE SERVI (BRE.CA) Stock Fundamental Analysis
TSX:BRE - Toronto Stock Exchange - CA10808B1085 - Common Stock - Currency: CAD
Overall BRE gets a fundamental rating of 4 out of 10. We evaluated BRE against 32 industry peers in the Real Estate Management & Development industry. While BRE is still in line with the averages on profitability rating, there are concerns on its financial health. BRE is valied quite expensively at the moment, while it does show a decent growth rate. Finally BRE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BRE has reported negative net income.
BRE had a positive operating cash flow in the past year.
BRE had positive earnings in 4 of the past 5 years.
Each year in the past 5 years BRE had a positive operating cash flow.
1.2 Ratios
BRE has a worse Return On Assets (-6.55%) than 84.38% of its industry peers.
BRE has a better Return On Invested Capital (153.83%) than 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BRE is significantly above the industry average of 10.51%.
The 3 year average ROIC (229.29%) for BRE is well above the current ROIC(153.83%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.55% | ||
| ROE | N/A | ||
| ROIC | 153.83% |
ROA(3y)9.5%
ROA(5y)7.08%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)229.29%
ROIC(5y)142.6%
1.3 Margins
BRE's Operating Margin of 4.74% is on the low side compared to the rest of the industry. BRE is outperformed by 75.00% of its industry peers.
BRE's Operating Margin has declined in the last couple of years.
BRE's Gross Margin of 98.53% is amongst the best of the industry. BRE outperforms 100.00% of its industry peers.
BRE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.74% | ||
| PM (TTM) | N/A | ||
| GM | 98.53% |
OM growth 3Y-51.34%
OM growth 5Y-33.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y-0.06%
2. Health
2.1 Basic Checks
BRE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for BRE remains at a similar level compared to 1 year ago.
BRE has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, BRE has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.22, we must say that BRE is in the distress zone and has some risk of bankruptcy.
BRE has a worse Altman-Z score (0.22) than 81.25% of its industry peers.
BRE has a debt to FCF ratio of 5.60. This is a neutral value as BRE would need 5.60 years to pay back of all of its debts.
BRE has a better Debt to FCF ratio (5.60) than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.6 | ||
| Altman-Z | 0.22 |
ROIC/WACC17.27
WACC8.91%
2.3 Liquidity
A Current Ratio of 0.36 indicates that BRE may have some problems paying its short term obligations.
BRE's Current ratio of 0.36 is on the low side compared to the rest of the industry. BRE is outperformed by 65.63% of its industry peers.
A Quick Ratio of 0.36 indicates that BRE may have some problems paying its short term obligations.
BRE's Quick ratio of 0.36 is on the low side compared to the rest of the industry. BRE is outperformed by 65.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
The earnings per share for BRE have decreased strongly by -1192.31% in the last year.
The Revenue has grown by 622.66% in the past year. This is a very strong growth!
BRE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 51.22% yearly.
EPS 1Y (TTM)-1192.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-683.39%
Revenue 1Y (TTM)622.66%
Revenue growth 3Y91.16%
Revenue growth 5Y51.22%
Sales Q2Q%837.63%
3.2 Future
BRE is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -19.88% yearly.
The Revenue is expected to grow by 14.74% on average over the next years. This is quite good.
EPS Next Y-82.72%
EPS Next 2Y-19.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year22.94%
Revenue Next 2Y14.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
BRE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 102.26, BRE can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BRE indicates a somewhat cheap valuation: BRE is cheaper than 65.63% of the companies listed in the same industry.
BRE's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.76.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 102.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BRE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, BRE is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.8 | ||
| EV/EBITDA | 7.39 |
4.3 Compensation for Growth
A cheap valuation may be justified as BRE's earnings are expected to decrease with -19.88% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-19.88%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BRE has a Yearly Dividend Yield of 9.41%, which is a nice return.
Compared to an average industry Dividend Yield of 3.50, BRE pays a better dividend. On top of this BRE pays more dividend than 96.88% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, BRE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.41% |
5.2 History
The dividend of BRE has a limited annual growth rate of 0.04%.
BRE has been paying a dividend for at least 10 years, so it has a reliable track record.
BRE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.04%
Div Incr Years0
Div Non Decr Years12
5.3 Sustainability
The earnings of BRE are negative and hence is the payout ratio. BRE will probably not be able to sustain this dividend level.
DP-124.07%
EPS Next 2Y-19.88%
EPS Next 3YN/A
TSX:BRE (5/23/2025, 7:00:00 PM)
14.46
+0.03 (+0.21%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners0.27%
Inst Owner ChangeN/A
Ins Owners0.89%
Ins Owner ChangeN/A
Market Cap137.08M
Analysts80
Price Target18.36 (26.97%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.41% |
Yearly Dividend1.35
Dividend Growth(5Y)0.04%
DP-124.07%
Div Incr Years0
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)122.53%
Min EPS beat(2)68.32%
Max EPS beat(2)176.73%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-99.44%
Min Revenue beat(2)-99.45%
Max Revenue beat(2)-99.43%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 102.26 | ||
| P/S | 0.39 | ||
| P/FCF | 8.8 | ||
| P/OCF | 8.02 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.39 |
EPS(TTM)-1.53
EYN/A
EPS(NY)0.14
Fwd EY0.98%
FCF(TTM)1.64
FCFY11.36%
OCF(TTM)1.8
OCFY12.47%
SpS36.94
BVpS-8.46
TBVpS-16.03
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.55% | ||
| ROE | N/A | ||
| ROCE | 265.76% | ||
| ROIC | 153.83% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 4.74% | ||
| PM (TTM) | N/A | ||
| GM | 98.53% | ||
| FCFM | 4.45% |
ROA(3y)9.5%
ROA(5y)7.08%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)229.29%
ROIC(5y)142.6%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)396.11%
ROCE(5y)246.35%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-51.34%
OM growth 5Y-33.79%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.2%
GM growth 5Y-0.06%
F-Score5
Asset Turnover2.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 5.6 | ||
| Debt/EBITDA | 2.89 | ||
| Cap/Depr | 12.24% | ||
| Cap/Sales | 0.44% | ||
| Interest Coverage | 1.24 | ||
| Cash Conversion | 58.78% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z | 0.22 |
F-Score5
WACC8.91%
ROIC/WACC17.27
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1192.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-683.39%
EPS Next Y-82.72%
EPS Next 2Y-19.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)622.66%
Revenue growth 3Y91.16%
Revenue growth 5Y51.22%
Sales Q2Q%837.63%
Revenue Next Year22.94%
Revenue Next 2Y14.74%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-10.19%
EBIT growth 3Y-6.98%
EBIT growth 5Y0.12%
EBIT Next Year243.15%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y13.93%
FCF growth 3Y0.94%
FCF growth 5Y0.3%
OCF growth 1Y25.11%
OCF growth 3Y4.14%
OCF growth 5Y1.85%